Excludability is the property of a good whereby
A. a person can be prevented from using it.
B. the resource is congestible.
C. the government rations the quantity of a good that is available.
D. one person's use diminishes other peoples' use.

In economics , a good or service is refereed to as excludable , when it is not allowed to be consumed or used by the consumers who have not paid for the good or services .

And , similarly , non - excludable are the one when a non - paying consumer ca not be prevented from using it .

Hence , the correct statement for Excludability is ( a ) .

Excludability is the property of a good whereby A. a person can be prevented from using it. B. the resource is congestible. C. the government rations the quantity of a good that is available. D. one person's use diminishes other peoples' use.

Respuesta :

Otras preguntas

Excludability is the property of a good whereby
A. a person can be prevented from using it.
B. the resource is congestible.
C. the government rations the quantity of a good that is available.
D. one person's use diminishes other peoples' use.